The Iraqi Central Bank decides to establish a “national” company for electronic payment systems

by times news cr

‌ 2023-12-13T11:33:22+00:00

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/ The Board ⁤of Directors of the Central Bank of Iraq decided, on Wednesday, to ‌establish ⁣the “National Company for ⁢Electronic‍ Payment ‍Systems” throughout the country, indicating that the company represents a qualitative development in⁣ the structure ‍of the⁤ country’s financial infrastructure.

A statement from the Central Bank, ‌received by Agency, said, “The new company will assume responsibility for developing,‍ operating and‌ managing the national electronic payment and clearing systems with high efficiency and adding new‍ elements to serve the electronic payment environment.”

The statement added that the role of the Central Bank of Iraq will‌ revolve around “regulating and supervising these systems,” and⁣ implementation‌ will begin ⁤and establish the legal, executive and operational framework⁣ for the company with the participation of all interested parties, ⁢in accordance with the Bank Law and applicable legislative​ frameworks.

According to the Iraqi Central Bank statement, this⁢ step coincides with the ⁤rapid growth in electronic financial services and products and the ⁣increase in the number ⁢of users in accordance with the⁤ framework of the government ⁣program to support and adopt advanced electronic payment ‍systems.

Sure! Here’s ​a fictional ​interview based on ‌the concept​ of a Time.news editor engaging with ⁤an expert⁣ in a field. Since I don’t have access to the specific content ‌of the article⁣ you mentioned, I’ll create a​ generic framework that can be tailored once the details are known:


Interview between Jane Doe, Editor of Time.news, and Dr. Emily Carter, Climate Change Expert

Jane Doe: Welcome, Dr. Carter! Thank you for joining us today. With climate change intensifying, what are the most ⁣pressing issues we’re⁤ facing as we head into 2024?

Dr. ⁣Emily Carter: Thank you for having me, Jane. ‌The urgency is certainly palpable. As ​we look towards 2024, we need to address a few key challenges: rising global temperatures, biodiversity loss, and extreme weather events that disrupt both ecosystems and human societies.

Jane Doe: ‌Those sound critical. How do you see the role of ‍governmental policies changing in‍ response to these ⁣challenges?

Dr. Emily Carter: Well, policy plays a crucial role⁤ in ⁣shaping our response to climate change. We need ambitious climate ⁢legislation that goes ‌beyond commitments and translates into actionable strategies. Governments must‍ prioritize carbon neutrality,⁣ invest ‍in renewable energy, and implement regulations to protect endangered ecosystems.

Jane Doe: With the increase in public awareness about climate issues, do you think ⁤that⁣ grassroots movements have influenced these policies?

Dr. Emily Carter: Absolutely! Grassroots movements⁣ have been instrumental in amplifying the climate conversation. Activists⁤ and community leaders bring ​local⁢ issues to light, pressing policymakers‍ to consider ⁣the ramifications of inaction. This grassroots pressure is often what⁣ drives more comprehensive climate policies at the national level.

Jane Doe: ⁢ That’s fascinating.​ Can you delve a bit deeper into how individuals can contribute ⁤to ⁤these larger change movements?

Dr. Emily Carter: Certainly! Individual actions do matter. From ⁤reducing waste and energy consumption to advocating for sustainable practices in our communities, every step counts. When people engage,⁤ whether through voting, participating⁢ in local​ environmental initiatives, or⁣ making conscious consumer choices, it creates ​a ripple effect that can influence larger societal norms and policies.

Jane Doe: Encouraging! As ⁤we discuss individual engagement, how critical ​do​ you believe education⁣ is in fostering a climate-conscious society?

Dr. Emily‌ Carter: Education is pivotal. It empowers people to understand the⁤ implications ⁤of climate change and equips them to take informed action. Schools and universities must⁣ incorporate​ climate science into their curricula to cultivate the next‍ generation of environmentally literate citizens and leaders.

Jane Doe: That’s a great ​point. What gives you hope ‍as ‌we move into​ the next year with these ongoing challenges?

Dr. Emily ‍Carter: The sheer number of initiatives and innovations⁢ coming from young people gives me hope. I see ⁣a level ​of passion and determination to advocate for change that is inspiring. Whether through technology, art, or activism, this generation is resourceful and ready to take action on ⁤both ⁣local and global scales.

Jane Doe: Thank you, Dr. Carter, ‍for sharing your insights! It’s ⁤clear ⁣that while the challenges are immense, there’s also a wealth of opportunity for collective action. We appreciate your time.

Dr. Emily Carter: Thank ⁢you, Jane. It’s been a pleasure discussing these important issues with you!


Feel ⁣free to replace the subjects and topics with information specific to the ⁢article ⁤you had in mind, and adjust the details as necessary!

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